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Three freight forwarders report growth

Three freight forwarders report growth By Kao Shih-ching / Staff reporter Taiwan’s three listed freight forwarders yesterday reported annual growth in first-quarter revenue as freight rates remain high amid rising demand. T3EX Global Holdings Corp (台驊國際投資控股) reported the largest increase, 133.16 percent to NT$5.89 billion (US$207.13 million), ahead of Dimerco Express Corp’s (中菲行) 66.4 percent growth to NT$6.89 billion and Soonest Express Co’s (捷迅) 35.69 percent expansion to NT$1.06 billion, data from the companies showed. T3EX’s revenue generated from sea freight business advanced 208 percent from a year earlier to a record NT$3.86 billion in the first quarter, the company said. Ground crew workers unload a China Airlines Ltd cargo airplane at Taiwan Taoyuan International Airport in an undated photograph.

Wisdom Marine posts NT$895m first-quarter profit

Wisdom Marine posts NT$895m first-quarter profit By Kao Shih-ching / Staff reporter Wisdom Marine Lines Co Ltd (慧洋海運) reported pretax profit of NT$895.92 million (US$31.51 million) for the first quarter, compared with a net loss of NT$123 million a year earlier, thanks to rising charter rates, the company said on Tuesday. Wisdom’s first-quarter pretax profit surpassed its net profit of NT$111.41 million for the whole of last year, while its pretax earnings per share were NT$1.2 in the first quarter, higher than earnings per share of NT$0.15 last year, it said in a statement. Wisdom, the nation’s largest bulk shipper in terms of fleet size, reported NT$1.37 billion in revenue for last month, up 45.9 percent year-on-year and the highest in a single month, it said.

Adimmune wins major bid to supply ministry

Adimmune wins major bid to supply ministry
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